PR Technology Inc (TSE:PRTI) has released an update.
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PR Technology Inc. has finalized its private placement, raising $500,000 with the sale of 5 million shares, which will fund the preparation and filing of financial documents and continuous operations. The company aims to settle outstanding fees, penalties, and resume trading after revoking existing cease trade orders. The newly issued shares are subject to a four-month hold period and cannot be traded until the company has fully resolved its regulatory issues.
For further insights into TSE:PRTI stock, check out TipRanks’ Stock Analysis page.